Evaluation and Value for Investment

Evaluation and Value for Investment

Can we stop treating cost-benefit analysis as if it’s “objective”?

CBA is an important evaluation tool, and its use involves as much subjectivity as any other

Julian King's avatar
Julian King
Feb 11, 2025
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Economic methods of evaluation were the first evaluation methods I learnt and used, and I remain a proponent of them. Systematically and transparently identifying, quantifying, valuing and comparing costs and consequences of alternative courses of action is critical to making good resource allocation decisions. I don’t think evaluators do it enough.

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